AVONDALE MEADOWS ACADEMY, INC (IN) - 2020 PPP Loan Borrower Profile (# 8432047006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AVONDALE MEADOWS ACADEMY, INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number

8432047006

SBA Office Code

0562

Processing Method

PPP

Curent Loan Amount

$1,125,000

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$1,135,140.41

Date Loan was Forgiven

Mar 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,125,000

Lender

The National Bank of Indianapolis

Business Detail

Business Type

Corporation

NAICS

611110

Borrower Location

Indianapolis, IN

Project Location

Indianapolis, IN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

114

Business Age Description

Existing or more than 2 years old

Data Source: SBA.